TechTarget President Kevin Beam Sells 14,400 Shares (TTGT)
TechTarget (NASDAQ:TTGT) President Kevin Beam sold 14,400 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $6.99, for a total value of $100,656.00. Following the sale, the president now directly owns 360,393 shares in the company, valued at approximately $2,519,147. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Separately, analysts at Benchmark Co. raised their price target on shares of TechTarget from $5.50 to $6.00 in a research note to investors on Monday, November 11th. They now have a “buy” rating on the stock.
Shares of TechTarget (NASDAQ:TTGT) traded up 0.28% on Tuesday, hitting $7.04. The stock had a trading volume of 29,250 shares. TechTarget has a 52 week low of $4.00 and a 52 week high of $7.26. The stock has a 50-day moving average of $6.46 and a 200-day moving average of $5.23. The company’s market cap is $223.3 million.
TechTarget (NASDAQ:TTGT) last announced its earnings results on Thursday, November 7th. The company reported $0.03 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.03. The company had revenue of $22.10 million for the quarter, compared to the consensus estimate of $22.04 million. On average, analysts predict that TechTarget will post $0.09 earnings per share for the current fiscal year.
TechTarget, Inc is a provider of specialized online content and brand advertising that brings together buyers and sellers of corporate information technology (NASDAQ:TTGT) products.
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